Earnings summaries and quarterly performance for MASCO CORP /DE/.
Executive leadership at MASCO CORP /DE/.
Jonathon Nudi
Detailed
President and Chief Executive Officer
CEO
Heath M. Eisman
Detailed
Vice President, Controller and Chief Accounting Officer
Imran Ahmad
Detailed
Group President
Jai Shah
Detailed
Group President
Kenneth G. Cole
Detailed
Vice President, General Counsel and Secretary
Renee Straber
Detailed
Vice President, Chief Human Resource Officer
Richard A. Marshall
Detailed
Vice President, Masco Operating System
Richard J. Westenberg
Detailed
Vice President, Chief Financial Officer and Treasurer
Board of directors at MASCO CORP /DE/.
Research analysts who have asked questions during MASCO CORP /DE/ earnings calls.
Anthony Pettinari
Citigroup Inc.
5 questions for MAS
Also covers: AMBP, AMCR, AVY +26 more
John Lovallo
UBS Group AG
5 questions for MAS
Also covers: AWI, AZEK, BLDR +14 more
Stephen Kim
Evercore ISI
5 questions for MAS
Also covers: AWI, BLD, DHI +11 more
Matthew Bouley
Barclays PLC
4 questions for MAS
Also covers: AZEK, BLDR, CNM +18 more
Michael Rehaut
JPMorgan Chase & Co.
4 questions for MAS
Also covers: AZEK, BECN, BLD +17 more
Sam Reid
Wells Fargo
4 questions for MAS
Also covers: CNM, CSWI, DHI +8 more
Adam Baumgarten
Zelman & Associates
3 questions for MAS
Also covers: AMWD, AWI, AZEK +12 more
Keith Hughes
Truist Financial Corporation
3 questions for MAS
Also covers: AMRZ, AWI, BLD +21 more
Mike Dahl
RBC Capital Markets
3 questions for MAS
Also covers: BECN, BLDR, CNM +13 more
Rafe Jadrosich
Bank of America
3 questions for MAS
Also covers: AWI, BLD, BLDR +14 more
Susan Maklari
Goldman Sachs Group Inc.
3 questions for MAS
Also covers: ALH, AOS, AWI +24 more
Trevor Allinson
Wolfe Research, LLC
3 questions for MAS
Also covers: AMWD, AZEK, BECN +18 more
Collin Varren
Deutsche Bank
2 questions for MAS
Eric Bussard
Cleveland Research
2 questions for MAS
Matthew Bouley
Barclays
2 questions for MAS
Also covers: CNM, DHI, FERG +5 more
Philip Ng
Jefferies
2 questions for MAS
Also covers: AWI, AZEK, BALL +26 more
Susan McClary
Goldman Sachs
2 questions for MAS
Trevor Allison
Wolfe Research LLC
2 questions for MAS
Also covers: MTH
Aatish Shah
Evercore ISI
1 question for MAS
Also covers: AWI, BLD, FBIN +1 more
Andrew Azzi
JPMorgan Chase & Co.
1 question for MAS
Also covers: AZEK, CCS, LGIH +2 more
Christopher Kalata
RBC Capital Markets
1 question for MAS
Also covers: AZEK, GMS, IBP +3 more
Garik Shmois
Loop Capital Markets
1 question for MAS
Also covers: ACA, AMWD, AWI +13 more
Gregory Andreopoulos
Citigroup
1 question for MAS
Also covers: PCH, RYN
Maggie
Jefferies
1 question for MAS
Maggie Grady Miller
Jefferies
1 question for MAS
Also covers: IBP, WSC
Michael Dahl
RBC Capital Markets
1 question for MAS
Also covers: AHR, AZEK, BECN +20 more
Richard Reid
Wells Fargo & Company
1 question for MAS
Also covers: CNM, DHI, FERG +5 more
Spencer Kaufman
UBS Group AG
1 question for MAS
Also covers: JELD, OC
Recent press releases and 8-K filings for MAS.
Masco outlines strategy and tariff mitigation at Baird Global Industrial Conference
MAS
Share Buyback
M&A
Guidance Update
- Capital allocation framework prioritizes reinvestment (2–2.5% of net sales), maintaining a BBB credit rating, a 3% dividend payout, and returning cash via buybacks/M&A; available cash for repurchases and acquisitions raised to $500 M.
- Reconfirmed growth algorithm targeting 3–5% organic growth (premised on 2–4% R&R industry growth), supplemented by bolt-on M&A; new CEO John Nudi fully aligned with strategic priorities.
- Tariff impact estimated at $150 M in-year and $270 M annualized, with a 10% China IEPA reduction; mitigation through sourcing shifts, cost reductions, and pricing has largely offset 2025 headwinds, aiming for full neutralization in 2026.
- Margin targets of 20% in plumbing and 19–20% in decorative architectural products reaffirmed; margins rose from 15.6% (2022) to 17.5% (2024), with tariffs delaying further expansion.
- R&R demand projected to normalize to 2–4% long-term growth after COVID-driven pull-forward and current deferral; recovery catalysts include consumer confidence, tariff stability, and lower interest rates.
Nov 12, 2025, 4:15 PM
Masco reports Q3 sales decline, returns $188M to shareholders
MAS
Earnings
Share Buyback
Dividends
- 3% sales decline to $1.92 billion in Q3 2025; plumbing products segment up 2%
- Adjusted operating profit $312 million and adjusted EPS $0.97, down 10% yoy and missing estimates
- Returned $188 million to shareholders via dividends and buybacks; repurchased 1.75 million shares for $123.51 million (9.76% of plan)
- Gross margin fell from 36.6% to 34.2%; operating margin down 220 bps to 15.8%
- Stock performance: –5.7% YTD vs S&P 500 +17.2%; maintains Altman Z-Score of 4.04 and institutional ownership of 95.44%
Oct 29, 2025, 2:21 PM
Masco announces Q3 2025 results
MAS
Earnings
Guidance Update
Share Buyback
- Net sales decreased 3% (2% in local currency ex-Kichler), operating profit was $312 M (16.3% margin), and EPS was $0.97.
- Plumbing segment sales rose 1% in local currency with $204 M operating profit (16.4% margin); Decorative Architectural sales fell 12% (6% ex-Kichler) with a 19.1% margin.
- DIY paint sales declined mid-single digits while pro-paint grew low single digits; returned $188 M to shareholders via dividends and repurchased $124 M of stock.
- 2025 EPS guidance narrowed to $3.90–$3.95 (from $3.90–$4.10), with full-year sales expected down low single digits and an operating margin of about 16.5%.
- Annualized tariff impact estimated at $270 M ($140 M China; $130 M other), with $150 M in-year impact and mitigation efforts expected to largely offset costs.
Oct 29, 2025, 12:00 PM
Masco reports Q3 2025 earnings
MAS
Earnings
Guidance Update
Share Buyback
- For the quarter, net sales decreased 3% (down 2% in local currency ex-Kichler), with operating profit of $312 million (16.3% margin) and EPS of $0.97.
- Plumbing segment saw 1% sales growth in local currency and $204 million operating profit (16.4% margin), while Decorative Architectural sales fell 12% (–6% ex-Kichler) with $128 million op profit (19.1% margin).
- Tariff headwinds drove a $15 million Q3 hit, contributing to a $270 million annualized tariff cost (with $150 million in-year 2025 impact), to be mitigated by cost savings, sourcing shifts, and pricing actions.
- Returned $188 million to shareholders (including $124 million in buybacks), ended Q3 with $1.6 billion liquidity, and updated 2025 guidance to sales down low single digits, margin ~16.5%, and EPS $3.90–$3.95.
Oct 29, 2025, 12:00 PM
Masco reports Q3 2025 results
MAS
Earnings
Guidance Update
- Masco's Q3 net sales decreased 3%, operating profit was $312 million (16.3% margin), and EPS was $0.97.
- Plumbing sales rose 1% in local currency with $204 million operating profit (16.4% margin); Decorative Architectural sales fell 12% (-6% ex-Kichler) with $128 million profit (19.1% margin).
- Paint category: DIY paint sales declined mid-single digits; pro-paint sales grew low-single digits.
- 2025 full-year EPS guidance lowered to $3.90-$3.95, with sales expected down low-single digits and operating margin around 16.5%.
- Annualized tariff impact is $270 million (in-year ~$150 million); mitigation actions (sourcing, cost savings, pricing) should largely offset these costs.
Oct 29, 2025, 12:00 PM
Masco reports Q3 2025 results
MAS
Earnings
Guidance Update
Share Buyback
- Masco posted Q3 2025 sales of $1.917 B, down 3% (2% ex-divestiture/currency), with adjusted gross margin at 34.6%, adjusted operating margin at 16.3%, and adjusted EPS of $0.97 per share.
- The company repurchased 1.8 million shares for $124 million during the quarter.
- As of September 30, 2025, Masco held $559 M in cash and cash investments with $1.0 B of revolver availability, maintaining total liquidity of $1.559 B.
- Full-year 2025 adjusted EPS guidance was narrowed to $3.90–$3.95 per share, from $3.90–$4.10.
Oct 29, 2025, 12:00 PM
Masco reports Q3 2025 financial results
MAS
Earnings
Guidance Update
Share Buyback
- Net sales decreased 3% to $1,917 million; in local currency and excluding divestitures, net sales decreased 2%.
- Operating profit margin declined 220 bps to 15.8%; adjusted operating margin fell 190 bps to 16.3%.
- Diluted earnings per share were $0.90; adjusted EPS decreased 10% to $0.97.
- Repurchased 1.8 million shares for $124 million and declared a quarterly dividend of $0.31 per share; total liquidity was $1,559 million.
- Full-year EPS guidance narrowed to $3.84–$3.89, with adjusted EPS expected at $3.90–$3.95.
Oct 29, 2025, 11:03 AM
Masco reports Q3 2025 results
MAS
Earnings
Guidance Update
Share Buyback
- Net sales decreased 3% to $1,917 M in Q3 2025, down 2% in local currency excluding divestitures.
- Reported EPS of $0.90, with adjusted EPS declining 10% to $0.97; adjusted operating margin fell 190 bps to 16.3%.
- Share buyback of 1.8 M shares for $124 M and a $0.31 per share quarterly dividend declaration.
- Full-year 2025 guidance set to $3.84–$3.89 for reported EPS and $3.90–$3.95 for adjusted EPS.
Oct 29, 2025, 11:00 AM
Masco Corp Reports Q1 2025 Results, CEO Transition & Tariff Challenges
MAS
Earnings
CEO Change
Guidance Update
Share Buyback
Tariff Impact
- Leadership Update: CEO Keith Allman retires after 27 years with Masco, with Jon Nudi set to assume President and CEO responsibilities .
- Financial Performance: Q1 sales declined 6% to $1,801 million, with operating profit of $288 million, a 15.9% margin, and EPS of $0.87 .
- Tariff Impact & Mitigation: The company faces an in-year tariff cost impact of approximately $400 million before mitigation, targeting a 50%-65% offset via pricing and sourcing adjustments, with further efforts planned through 2026 .
- Segment Performance: Mixed results with modest improvements in plumbing and challenges in the decorative architectural segment .
- Shareholder Returns: Masco repurchased 1.8 million shares for $130 million and returned $196 million to shareholders through dividends and buybacks .
- Capital Strength: Ended the quarter with a gross debt to EBITDA ratio of 2.1x and $1.2 billion in liquidity .
- Guidance Update: No full-year guidance was issued due to tariff and macroeconomic uncertainty .
Apr 23, 2025, 12:01 PM
Quarterly earnings call transcripts for MASCO CORP /DE/.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more